L1 and L2 projects steal the spotlight, what other L3 projects are worthy of attention?

Ethereum has made significant progress over the past few years, completing the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) on its roadmap, the so-called “merge.” Merge). Recently, Ethereum also received the “Dencun” upgrade, which included proto-danksharding, making Layer 2 transactions even cheaper.

Before Dencun, Layer 2 transaction fees were around $0.50, and now transaction fees on most Layer 2 chains are only a penny or two. This change greatly facilitates the expansion of new applications on Ethereum.

Since the Dencun upgrade, Arbitrum and Base’s daily transaction volume has exceeded that of the Ethereum mainnet, and this trend continues. While Ethereum’s scaling still faces many challenges, this marks an important step in the right direction, with infrastructure improving significantly since the last cycle. The increase in activity and transaction volume on the Arbitrum and Base chains in recent months may be just the tip of the iceberg for what is to come in this cycle.

Degen Chain（DEGEN）

Sanko(DMT)

The future of Layer 3

The Layer 2 mainnet has been online for a few years and has made significant progress in scaling Ethereum. While the expansion roadmap is still progressing, Layer 3, which is highly customizable, seems like the logical next step. There are already many projects experimenting on Layer 3 and have made varying degrees of progress.

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